RUSSIA AND UKRAINE ARMENIAN BRANDY MAIN MARKETS

PanARMENIAN.Net - «Pernod Ricard company activities in Armenia are rather successful. We are satisfied with the outcomes of our work and are proud to present high quality Armenian trademark abroad,» stated Director General and President of Pernod Ricard Europe company Tierry Billot at a meeting with Armenian President Robert Kocharian today, reported the Armenian leader's Press Service. In his words, his goal after the privatization of the Yerevan Brandy Company was to improve the production quality. He said as compared with 1990 the export and brandy trade volume today has increased 10 times, over 90% of the production is exported and Russia and Ukraine are main markets. T. Billot added that simultaneous to the increase of the volume of the brandy production the purchase of grapes will also grow. Last year the enterprise has received grapes totaling 3 billion drams and the indicator is planned to be increased 20% this year. The company also intends to take part in the founding of new grape gardens. In Mr. Billot's words, improvement of the quality of brandy is a priority task. He also added that much work is being done to form more favorable social security conditions for the company officers. In his turn, R. Kocharian noted Armenia has important partners like Pernod Ricard and no one today doubts privatization of the Yerevan Brandy Company was a correct move.